Oriental Pearl Group Co., Ltd.(OPG) is a market leader in multi-channel media integration and distribution in China and owns favorable resources in culture and entertainment consumption business. It offers high quality products in the field of video shopping, culture themed tourism, TV drama production and video game development. It also serves as a commercial and capital platform of SMG.
China is facing another round of industry and consumption structure upgrade. The demand for diversified culture and entertainment related products has been continuously increasing. OPG set up the strategy of 'Culture & Entertainment +' to cope with the industry trend and meet the current market. The company strives to build up a value-added culture and entertainment consumption and service platform, with a major focus on the country's middle class families. OPG offers cross-terminal and multi-scenario culture and entertainment product and consumption experience. OPG is committed to becoming a China market leader in offering comprehensive cultural products.
OPG has been on the list of 'The World's 500 Largest Media Companies'. It is one of the 'Top 100 Internet Enterprises' in China and one of 'Top 100 Shanghai Companies'. It is also ranked as one of the 'Top 30 Domestic Enterprises in the Cultural Industry' for seven consecutive years.
Oriental Pearl (Stock Code: SH.600832) had its IPO on Shanghai Stock Exchange, becoming China’s first listed company in the culture and media industry.
BesTV (Stock Code: SH.600637), a pioneer of China’s radio, television and new media business, was listed through adverse merger.
BesTV (Stock Code: SH.600637) and Oriental Pearl (Stock Code: SH.600832) started merge procedures, with major asset reorganization and injection of more high-quality business assets from its parent company, SMG.
After merge, OPG became China’s first listed company with a business scope covering the whole media and entertainment industrial chain.